12, COVEL ROAD, SLEAFORD, NG34 8BP - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 COVEL ROAD is a very large detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £247,599. It was last sold for £165,000 in October 2014, which was around 18% below the average October 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

12 COVEL ROAD Sold Prices

Land registry data shows two sales for 12 COVEL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 12 COVEL ROAD sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 3 OCT	£165,000	£201,752	18% below HPI
2001 20 JUL	£97,995	£84,733	16% above HPI

12 COVEL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 12 COVEL ROAD sales from July 2001 and October 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 12 COVEL ROAD be worth now?

12 COVEL ROAD might now be worth an estimated £247,599.

This is based on house price inflation of 50.1%, between October 2014 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.1% inflationary increase is applied to the most recent sale price for 12 COVEL ROAD of £165,000 on 3rd October 2014. For the value to have increased from £165,000 to £247,599 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 COVEL ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2014 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 COVEL ROAD has not materially changed since October 2014.

How Large is 12 COVEL ROAD?

12 COVEL ROAD is 145m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 12 COVEL ROAD lies on this distribution: 86% of detached houses houses are smaller than 12 COVEL ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

12 COVEL ROAD: Plot and Title Map

12 COVEL ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 12 COVEL ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 COVEL ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 COVEL ROAD?

12 COVEL ROAD is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 12 on COVEL ROAD.